Dismissing the appeal of the revenue the Court held that the Tribunal is right in holding that the Assessing Officer could not go beyond the directions of the Commissioner in an order passed under section 263 of the Income-tax Act, 1961. (AY.2005-06)
CIT v. Lakshmi Machine Works Ltd. (2020) 429 ITR 464 (Mad.)(HC)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Order Giving effect to order of commissioner in revision-Assessing Officer cannot traverse beyond directions of commissioner-Order of Tribunal is affirmed. [S. 143(3), 254(1)]